Downtown, San Diego Real Estate Market Update
Downtown 92101 Has Seen Major Changes in the Past Year The median list price in SAN DIEGO, CA 92101 this week (April 29th) is $599,900. The 222 properties have been on the market for an average of 128 days. The Market Action Index has been trending down lately, while inventory and days-on-market are climbing. [...]
Downtown San Diego Real Estate For Sale 92101
Current Market Activity & Condos For Sale The median list price for all real estate for sale in Downtown, SAN DIEGO, CA 92101 this week is $695,000. Inventory is tightening and days-on-market is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices. If the demand trends continue, expect [...]
To Rent or To Buy Real Estate in San Diego
Buying a Home Can Save You 15% in San Diego While sources may differ about how positive the move in the residential housing market has been, they mostly concur that the worst is behind us and we are in recovery. Last year ended on a positive note, with C.A.R. reporting a 27 percent year-over-year increase [...]
Downtown SD Real Estate Market Conditions Update
Trends, Supply & Demand, and Value Metrics for the Week of March 4, 2013 The median list price in Downtown, SAN DIEGO,CA 92101 this week is $630,000. The 177 properties have been on the market for an average of 105 days. Inventory and days-on-market are both trending higher recently. However, the improving Market Action Index [...]
Downtown San Diego Real Estate Market Conditions
Week of February 18, 2013 The median list price in Downtown, San Diego,CA 92101 this week is $649,000. The 143 properties have been on the market for an average of 119 days. Inventory has been decreasing lately, but so is the Market Action Index. With days-on-market climbing, these are relatively negative implications for the market. [...]
Still Wondering if Now is the Time to Buy?
Mortgage Interest Rates on the Rise this January! It was only four years ago that conventional home mortgage interest rates were at 6.5%, compared to today’s rates of 3.625%, which is almost double! Potential buyers and move up sellers should heed this reminder in that today’s borrowing costs will not stay this low forever. In [...]
San Diego Real Estate Market Is Rebounding
Are We There Yet and If So, How Did We Get Here? There are several factors that have helped the real estate market recovery. The first is quite obvious, asking price and rental price, have spiked in the past 12 months. Not only are home prices rising, but so are rental prices. High buyer demand [...]
San Diego Real Estate Statistics | November 2012
Total Sales Volume November 2012 Up 32% From Nov. 2011 I have complied some San Diego County real estate statistics with the most current data. Peruse for more info on which areas of San Diego saw price increases, decreases, and hot housing markets to invest in! Total real estate sales volume for all detached homes [...]
Where Has All the Inventory Gone? Downtown San Diego Real Estate Updates
Less New Construction & Distressed Sales, And Seller Resistance Each week I hear the same question from my buyers & sellers. Why are there so few homes for sale in the San Diego real estate market? As a matter of fact, there are about 60% less homes currently on the market throughout the county versus [...]
Median Home Price Experiences Highest Year-to-Year Increase Since 2004
November Sales & Pricing Report LOS ANGELES (Dec. 18) – As the statewide median price continued to register double-digit gains from year-ago levels, strong sales of higher-priced homes led to a year-over-year increase in sales in California during November, the CALIFORNIA ASSOCIATION OF REALTORS® reported today. “Housing markets with higher-priced homes performed better in November [...]
